Nepal, India Ink DTAA

Nepal has signed the Double Taxation Avoidance Agreement (DTAA) with India. The treaty signed on November 27 in Kathmandu by Nepali Finance Minster Barshaman Pun and his Indian counterpart Pranab Mukherjee is the replacement of an earlier agreement signed in 1987.

The agreement is expected to bring about economic improvements and investment opportunities in both the countries. The agreement comes into effect from the new fiscal year of both countries. 